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2023
Flag → Flag
Exports $738kRnk 83 / 157
2023
Flag → Flag
Top Product $664kIndustrial Food Preperation Machinery
2023
Flag → Flag
Exports $245kRnk 84 / 150
2023
Flag → Flag
Top Product $51.5kKnit Sweaters
2023
Flag
Economic Complexity (ECI) ECI 0.0012Rnk 63 / 132
2023
Flag  
GDP$31.3BCURRENT US$
Rnk 107 / 195
2013-2023
Flag
GDP GROWTH94.3%CURRENT US$
Rnk 17 / 195
2023
Flag
 GDP$34BCURRENT US$
Rnk 105 / 195
2013-2023
Flag
GDP GROWTH54.7%CURRENT US$
Rnk 65 / 195
2023
Flag
GDP PC $79,637CURRENT US$
Rnk 11 / 195
2013-2023
Flag
GDP PC GROWTH59.9%CURRENT US$
Rnk 31 / 195
2023
Flag
GDP PC$5,391CURRENT US$
Rnk 120 / 196
2013-2023
Flag
GDP PC GROWTH50.5%CURRENT US$
Rnk 47 / 195

About

Iceland-El Salvador Trade: In 2023, Iceland exported $738k to El Salvador. The main products that Iceland exported to El Salvador were Industrial Food Preperation Machinery ($664k), Fish Oil ($16.9k), and Ink ($13.4k). Over the past 5 years the exports of Iceland to El Salvador have increased at an annualized rate of 182%, from $4.11k in 2018 to $738k in 2023.

In 2023, Iceland did not export any services to El Salvador.

El Salvador-Iceland Trade: In 2023, El Salvador exported $245k to Iceland. The main products that El Salvador exported to Iceland were Knit Sweaters ($51.5k), Processed Fish ($41.2k), and Knit T-shirts ($27.3k). Over the past 5 years the exports of El Salvador to Iceland have increased at an annualized rate of 4.64%,  from $195k in 2018 to $245k in 2023.

In 2023, El Salvador did not export any services to Iceland.

Comparison In 2023,  Iceland ranked 115 in total exports ($7.31B), and does not have data regarding Economic Complexity Index. That same year, El Salvador ranked 63 in the Economic Complexity Index (ECI 0.0012), and 118 in total exports ($6.76B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Iceland exported $738k to El Salvador. The main products exported from Iceland to El Salvador were Industrial Food Preperation Machinery ($664k), Fish Oil ($16.9k), and Ink ($13.4k). During the last 5 years the exports of Iceland to El Salvador have increased at an annualized rate of 182%, from $4.11k in 2018 to $738k in 2023.

In 2018, El Salvador exported $245k to Iceland. The main products exported from El Salvador to Iceland were Knit Sweaters ($51.5k), Processed Fish ($41.2k), and Knit T-shirts ($27.3k). During the last 5 years the exports of El Salvador to Iceland have increased at an annualized rate of 4.64%, from $195k in 2023 to $245k in 2018.

Exports from Iceland (Flag) to El Salvador (Flag) (2023)

Exports from El Salvador (Flag) to Iceland (Flag) (2023)

Latest Data

Trade between Iceland (Flag) and El Salvador (Flag)

Iceland Exports

Date

El Salvador Exports

Date

Market Competitiveness

Color
Iceland
Top DestinationNetherlands$1.97B
El Salvador
Top DestinationUnited States$2.41B

This map shows whether countries import more from Iceland or El Salvador. Each country is colored based on the difference in imports they receive from Iceland and El Salvador or the difference in the growth in imports.

In 2023, countries that imported more from Iceland than El Salvador included Netherlands ($1.97B), Germany ($771M), and United Kingdom ($607M).

In 2023, countries that imported more from El Salvador than Iceland included United States ($2.41B), Guatemala ($1.15B), and Honduras ($1.03B).

Difference in imports from El Salvador (Flag) and Iceland (Flag) (2023)

Comparative Advantage Iceland - El Salvador

Flow
Scale

This chart compares trade between Iceland and El Salvador by product, considering products traded by both, Iceland and El Salvador.

During 2023, Iceland had a large net trade with El Salvador in the exports of Machines ($685k), Chemical Products ($17.4k), and Animal and Vegetable Bi-Products ($16.9k).

During 2018, El Salvador had a large net trade with Iceland in the exports of Textiles ($158k), Foodstuffs ($42.3k), and Footwear and Headwear ($29.4k).

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Iceland and El Salvador. This means that a dot/product with the flag of Iceland indicates it has a comparative advantage over El Salvador. Similarly, a dot/product with the flag of El Salvador indicates it has a comparative advantage over Iceland.

Product Space of Iceland (Flag) and El Salvador (Flag) (2023)

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